Arthur Hayes Says Crypto Bull Market Primed To Continue, Outlines Bitcoin Path to Seven-Figure Price
By: bitcoin ethereum news|2025/05/10 08:45:06
BitMEX co-founder Arthur Hayes is leaning bullish on Bitcoin (BTC) as surging liquidity conditions boost the value of the flagship crypto asset. In a new interview on the White Crypto YouTube channel, Hayes says an increase in the global money supply will act as a bullish catalyst for BTC and crypto. “I think it’s a great time to be in the crypto ecosystem because we have sort of this reflation happening across the world. More fiat money chasing a scarce asset and the bull market’s going to continue. And I think it’s going to be a fun party.” According to Hayes, Bitcoin could go up by about 10x from the current level by January of 2029. “I think by the end of Trump’s presidency, so end of 2028, Bitcoin will be around $1 million. Or we’ll have crossed $1 million. It might be lower than that at that point but I think we’ll get to that nominal figure within the next three to four years.” Bitcoin is trading at $103,045 at time of writing. On the US dollar’s prospects in the face of increasing money supply, the Maelstrom Fund CIO says, “I think the dollar depreciates against gold, the dollar depreciates against Bitcoin. US Treasuries are probably the worst thing to own versus any other sort of financial asset out there, as they need to devalue because there’s too much out there.” Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: Midjourney Source: https://dailyhodl.com/2025/05/10/arthur-hayes-says-crypto-bull-market-primed-to-continue-outlines-bitcoin-path-to-seven-figure-price/
SUNDOG’s 204% volume spike: What’s behind this short-squeeze mania?
2025 Ripple Whales Are Quietly Betting Big on This Cloud Mining Opportunity—Here’s Why
You may also like
Share
Gainers
Latest Crypto News
02:15
A whale address bought 25.56 million ENA tokens in the past 4 days and still holds 5.78 million USDT to continue buying.
02:15
Crypto Fear & Greed Index Rises to 28, Exiting "Extreme Fear" Zone
02:15
A whale address has deposited 2 million U into HyperLiquid to leverage 5x long on SOL
02:15
Current mainstream CEX, DEX funding rate display shows that the market is still in a strong bearish sentiment.
01:45
U.S. Bank is currently testing the issuance of a custom stablecoin on the Stellar network.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]